Cornerstones of managerial accounting /
by Maryanne M. Mowen, Don R. Hansen & Dan L. Heitger
- 5th edition
- xvi, 784 pages : Colour Illustrations ; 28 cm
Includes index
What do we mean by managerial accounting? Quite simply, managerial accounting is the provision of accounting information for a company's internal users. It is the firm's internal accounting system and is designed to support the information needs of managers. Unlike financial accounting, managerial accounting is not bound by any formal criteria such as generally accepted accounting principles (GAAP).